Key Takeaways
- • On-chain trading card game (TCG) net revenue reached approximately $113M in Q3 2026, up from $108M in Q2 2026 and nearly triple the $37.6M recorded in Q3 2025, according to CryptoRank.
- • Polygon was the leading network by sector revenue, followed by Solana; the two ecosystems accounted for nearly all sector revenue.
- • Courtyard led Q3 with $65.9M, roughly 58% of total sector revenue, followed by Collector Crypt at $35.3M and Phygitals at $10.4M.
- • The top three platforms generated nearly 98% of sector revenue, indicating growth is concentrated among a small number of established protocols rather than broad-based competition.
- • Separately, CryptoRank reported DEX protocol fees of $1.04B in Q3 2026, up 130% QoQ, with September fees of $539M the highest monthly figure of 2026.
Summary
Quarterly net revenue for on-chain trading card games reached approximately $113M in Q3 2026, according to CryptoRank, up from $108M in Q2 2026 and nearly three times the $37.6M recorded in Q3 2025. The sector's growth was driven largely by activity on Polygon and Solana, which together accounted for nearly all sector revenue. Polygon remained the leading network, followed by Solana.
Revenue is highly concentrated at the protocol level. Courtyard led the quarter with $65.9M, capturing approximately 58% of total revenue. Collector Crypt followed with $35.3M and Phygitals with $10.4M. Together, these three platforms generated nearly 98% of sector revenue. CryptoRank suggests this pattern indicates that growth in on-chain trading card markets is being driven by a small number of established platforms rather than broad-based competition.
The sector operates by tokenizing physical collectible cards, including those from franchises such as Pokémon and One Piece, allowing collectors to buy, sell, and trade the tokenized versions through decentralized applications.
In a related CryptoRank report on decentralized exchanges, DEX protocols generated $539M in fees in September 2026, the highest monthly figure of the year and a 76% increase from August. Total Q3 DEX fees reached $1.04B, up 130% QoQ. Uniswap led with $259M in fees and a 24.7% market share, followed by Pons at $189M and Flap at $119M, which together accounted for roughly 54% of total fees.
CryptoRank's report is not investment advice, and the figures are as published by the firm.
Revenue is highly concentrated at the protocol level. Courtyard led the quarter with $65.9M, capturing approximately 58% of total revenue. Collector Crypt followed with $35.3M and Phygitals with $10.4M. Together, these three platforms generated nearly 98% of sector revenue. CryptoRank suggests this pattern indicates that growth in on-chain trading card markets is being driven by a small number of established platforms rather than broad-based competition.
The sector operates by tokenizing physical collectible cards, including those from franchises such as Pokémon and One Piece, allowing collectors to buy, sell, and trade the tokenized versions through decentralized applications.
In a related CryptoRank report on decentralized exchanges, DEX protocols generated $539M in fees in September 2026, the highest monthly figure of the year and a 76% increase from August. Total Q3 DEX fees reached $1.04B, up 130% QoQ. Uniswap led with $259M in fees and a 24.7% market share, followed by Pons at $189M and Flap at $119M, which together accounted for roughly 54% of total fees.
CryptoRank's report is not investment advice, and the figures are as published by the firm.
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